WEBVTT 1 00:00:12.000 --> 00:00:21.965 To be a successful FP&A it's important to have a unified system in place which allow us to handle great volumes of data and processing and drilling down 2 00:00:21.966 --> 00:00:31.531 into the smallest level of detail. A unified system helps us as well to speed up frequent groundwork activities such as modeling and forecasting, 3 00:00:31.532 --> 00:00:41.097 and finally one unified system is required to have visibility across the workflow, the status and the audit trail to secure 4 00:00:41.098 --> 00:00:50.663 control across the planning cycle. I believe that an FP&A should have the capability owning the entire chain of data without any IT inter-function 5 00:00:50.664 --> 00:01:00.229 or complex coding. As we have a kind of 24/7 role in the global environment, there's not always somebody available to rely on 6 00:01:00.230 --> 00:01:09.791 and by organizing the processes in the correct way and have a good system in place we hope we have many shorter processes as well.